North Carolina hoa reserve & replacement funding calculators

North Carolina HOA & Condo

North Carolina Reserve Fund Calculator — Adequacy & Recommended Contribution under N.C.G.S. Sec. 47C-3-114 & Sec. 47F-3-114

Compute the reserve fund funding ratio, deficit, and recommended annual contribution for a North Carolina condominium or planned community under N.C.G.S. Sec. 47C-3-114 (Condominium Act) and N.C.G.S. Sec. 47F-3-114 (Planned Community Act). North Carolina requires reserve fund maintenance and adequacy disclosure at the annual meeting but does NOT require full funding — unlike Florida's post-2022 SIRS rules. Flags funding ratios below 70% (CAI industry standard) and projects the balance over 5 and 10 years at the current contribution rate.